N. Eric Fier, CPG, P.Eng, and CEO, stated, “2021 marked an extraordinary year of efforts from our team and contractors in Mexico and Canada. The progress made throughout the year has positioned us well for Las Chispas start-up in Q2, 2022.”
“We continue to advance toward becoming a million-ounce producer by investing in our producing assets and bringing new mines to production.”
“I am pleased to report Q4 2021 preliminary production, C1 Cash Costs and AISC from Altaley’s Campo Morado Mine,” states Ralph Shearing, CEO & President. “Campo Morado operations are reporting another excellent quarter with estimated net revenue for Q4 2021 of $19.9 million.”
Luis Marchese, CEO of Sierra Metals, commented:“2021 has been quite a difficult year for the company. Declining grades were coupled with unprecedented COVID-related operational difficulties at our three operations. For 2022, although Cusi and Yauricocha are approaching normalized operations and staffing, Bolivar needs to accelerate infill drilling and mine development in order to increase the availability of ore during the first six months of 2022.”
“Diamante provides our third opportunity to work again with Saul Ruiz and his team at Green and Ceo to advance the permitting process for our maiden drilling program proposed for the property. The original environmental application for our El Mezquite property attested to their high-quality technical reporting skills and expertise,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.
“We are very excited about the potential hole 21-CARC-29 has created for the Peñoles Project, as it identified silver-polymetallic mineralization similar to what we’ve seen in the 2013-2014 drill data at the Jesus María Silver deposit. We now believe this style of mineralization has the potential to be expanded underneath the Capitan Hill oxide gold zone.”
The ceremony included the Company’s President and CEO, Darren Blasutti, the Mexican Minister of Economy, Tatiana Clouthier, the Governor of the State of Sinaloa, Rubén Rocha Moya and the Cosalá Mayor, Carla Corrales.
Dale Wallster, CEO of Southern Empire commented, “We upgraded our listing from the OTC pink sheets to the OTCQB based on feedback from American investors and changes to regulatory compliance requirements in the United States.”
“The initial Mineral Resource Estimate at Los Ricos North represented the first 100,000 metres of drilling at Los Ricos North, and established the Los Ricos District as a very significant project in the silver industry. Combining Los Ricos North and South, the district shows a Measured and Indicated Mineral Resource of 151 million ounce AgEq and an Inferred Mineral Resource of 93 million ounces AgEq,” said Brad Langille, President and CEO.
Tarachi Gold Corp. is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment for its wholly-owned Magistral Mill and Tailings gold project located in Durango, Mexico.
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